Top London hedge fund boss warns populist wave may roll on

CQS founder Sir Michael Hintze reckons there could be further political instability in South Africa, Turkey and France

Sir Michael Hintze, founder of CQS
Photography: Micha Theiner

By

Tabby Kinder

August 17, 2017 Updated: August 18, 2017 9:32 a.m. GMT

Sir Michael Hintze, the billionaire chief executive of London-based CQS, has warned the wave of political populism that swept the US and Europe in 2016 could have further to run yet — picking out South Africa, Turkey and France as countries at risk.

"I think rumours of the demise of populism are premature," Hintze wrote in his latest half-yearly investment letter. Populism could surge in emerging markets "or where...